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Rimini Street Announces COO Title Change

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Rimini Street Announces COO Title Change

Elevate Your Investing Strategy:

Rimini Street ( (RMNI) ) has provided an update.

On May 27, 2025, Rimini Street, Inc. announced a change in the title of its Chief Operating Officer, Mr. Vijay Kumar, to Executive Vice President and Chief Operating Officer. This title change does not affect Mr. Kumar’s status as an executive officer or principal operating officer under the SEC’s regulations, maintaining his roles and responsibilities within the company.

The most recent analyst rating on (RMNI) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Rimini Street stock, see the RMNI Stock Forecast page.

Spark’s Take on RMNI Stock

According to Spark, TipRanks’ AI Analyst, RMNI is a Neutral.

Rimini Street’s overall stock score reflects significant financial challenges, including declining revenue, high debt, and negative profit margins, which are major concerns. Technical analysis shows mixed signals with limited short-term momentum. Valuation remains unattractive due to a negative P/E ratio. The earnings call provided some positive strategic insights, but these are counterbalanced by revenue declines and litigation costs.

To see Spark’s full report on RMNI stock, click here.

More about Rimini Street

Average Trading Volume: 292,564

Technical Sentiment Signal: Buy

Current Market Cap: $324.9M

For detailed information about RMNI stock, go to TipRanks’ Stock Analysis page.

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